Flexible payouts feature on the Teamfi fundraising platform.

Flexible Fundraiser Payouts

Get your fundraiser payout your way — direct deposit through Stripe or a physical check in the mail.

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Last updated:

August 26, 2026

Overview

Teamfi's flexible payout options let your group choose how you receive your funds between two methods:

  1. Direct deposit via our payment processing partner Stripe. Funds clear by the end of the next business day after you close your fundraiser.
  2. A physical check through the mail. Checks are mailed the next business day and typically arrive within 7–10 business days depending on location.

Feature Availability

The Flexible Payout feature is available for free on all Teamfi fundraising products: Crowdfunding, Calendar Fundraisers, A-thon Fundraisers, and Fill My Fundraisers.

Fundraising Product

Availability

Price

Calendar Fundraisers

Included

Free

A-thon Fundraisers

Included

Free

Fill My Fundraisers

Included

Free

How It Works

Selecting your payout method of choice is a simple process performed during the creation of your fundraiser.

For Direct Deposit:

  1. During the creation of your fundraiser select Direct Deposit under "Payout Method" in your fundraiser dashboard.
  2. Verify your organization and enter your bank information via a secure link from our payment processing partner Stripe.
  3. When you are ready to collect your funds, close out your fundraiser.
  4. After your fundraiser has been closed out, your direct deposit will clear before the end of the next business day.

For Check Payout:

  1. During the creation of your fundraiser select Check Payout under "Payout Method" in your fundraiser dashboard.
  2. Verify your organization for payouts by entering your tax identification and organization information.
  3. When you are ready to collect your funds, close out your fundraiser.
  4. Enter your mailing and check information for your check payout during your fundraiser closeout.
  5. After your fundraiser has been closed out, your check will arrive in the mail within 7-10 business days.

Frequently Asked Questions

How do I choose between direct deposit and a check for my fundraiser's payout?

You choose your payout method on your fundraiser dashboard during setup. Direct deposit is the faster option and the popular choice for most groups. A physical check works best if your organization can't accept electronic deposits.

Are there ever any withdrawal fees to collect our fundraiser's payout?

No. Teamfi operates with no platform fees meaning what you raise is what you keep after standard credit card processing fees. There is no penalty or fee to withdraw your funds under any circumstances.

How long after I close out my fundraiser will it take to receive my funds?

This depends on your selected payout method:

  • Check Payout: Your check will be put in the mail the next day. You can expect to receive your check within the next 7-10 business days.
  • Direct Deposit: With direct deposit you can expect your funds to clear by the end of the next business day.